The agreement between the Governments of the Republic of Kazakhstan, the Kyrgyz Republic and the Republic of Uzbekistan on the principles of rapprochement of the main directions of the national legal systems regulating economic activity

of March 14, 1997

The governments of the states of participants of this agreement which further are referred to as - the Parties,

being guided by the Contract on creation of the Common economic space between the Republic of Kazakhstan, the Kyrgyz Republic and the Republic of Uzbekistan,

for the purpose of implementation of the approved legal policy in the course of economic integration, attaching importance to development of cooperation in the field of rapprochement of the economic legislation,

agreed as follows:

Article 1

The parties consider it expedient to carry out work on rapprochement of the legislation regulating economic activity in the following directions:

civil legislation;

the legislation regulating customs rules and rates;

the legislation regulating interstate movement of goods and services (including the legislation on quality and standardization of goods and services);

legislation on bank system and securities;

legislation on finance, taxes and prices;

the legislation in the field of transport and communications;

the legislation on the external economic relations, including the legislation on foreign investments and currency control;

legislation on environmental protection;

legislation on procedure for consideration of economic disputes.

The parties can according to the mutual arrangement make changes of amendment to this list.

Article 2

For the purpose of realization of provisions of Article 1 of this agreement to create the Center for exchange of legal information (further - the CENTER) under Executive Committee of Interstate Council of the Republic of Kazakhstan, Kyrgyz Republic and the Republic of Uzbekistan.

For ensuring preparation and holding meetings of the Center, the organization of work of experts, record keeping the permanent body - the Secretariat of the Center as a part of three people, on one from each state of the participant is formed.

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